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Vital Steps to Take When Purchasing Your First Home

Realty Biz

From three decades working as a Realtor, there are common denominators for first-time home buyers going through the purchase process with ease. This includes understanding the terminology, legal aspects, and financial considerations of purchasing a property. By following these steps, you can easily navigate the real estate market.

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How Long Does It Take to Close on a House From Start to Finish?

HomeLight

You’ve accepted an offer on your house and both you and the buyer have signed the purchase contract. But the time required to process and underwrite the loan will be in large part what dictates the length of your closing. 24, you can expect to close on the sale of your home somewhere between the end of February to mid-March.

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Moving for the Military? Your Guide to Selling a House Under PCS Pressure

HomeLight

Some will purchase your home with the intention of renting it out. Others will renovate and flip it to turn a profit. Unlike flippers, iBuyers purchase homes in fairly good condition at a high volume, turn them around quickly, and aim to offer a seamless home-selling experience online with easy-to-use digital platforms.

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Your Top 11 Questions About Down Payments, Answered (Including: What’s an Average Down Payment?)

HomeLight

A down payment is money that a buyer will pay at closing, usually expressed as a percentage of the home’s total purchase price. There are three kinds of USDA loans: Guaranteed USDA Loans (loans from approved lenders that are guaranteed by the USDA), Direct USDA Loans , and housing repair loans and grants.

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Get Ahead of Appraiser Required Repairs: How Sellers Can Avoid the Most Common Closing Killers

HomeLight

Even before you decided to put your home up for sale, you probably knew making minor repairs and sprucing up your home would increase the chances of attracting the right buyers and getting a great offer. So how can you know what kind of repair issues could potentially derail a sale — before you even have an offer?

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Will My House Appraise for Its Selling Price? 10 Tips to Steer Clear of a Low Valuation

HomeLight

Savvy sellers know that if their home is priced right, they stand a very good chance of having it appraise accordingly, and keep the sale on track. FHA and VA loans have additional requirements an appraiser must evaluate, most of which relate to safety and soundness. Source: (Andrey_Popov / Shutterstock).

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6 Emails to Send to Clients to Drive Repeat & Referral Business

The Close

17 What is the home sale process? 19 How does a VA loan work? 37 How does an agent come up with the sales price? 43 How long does it take to renovate a home? 52 How long should a listing agreement last? This amazing property is offered for sale for the first time in over 20 years. Cheers, Sean.